BARRICK GOLD CORP (GOLD) Stock Technical Analysis
NYSE:GOLD - New York Stock Exchange, Inc. - CA0679011084 - Common Stock - Currency: USD
Taking everything into account, GOLD scores 8 out of 10 in our technical rating. In the last year, GOLD was one of the better performers in the market. There are positive signs in the very recent evolution, but the medium term picture is slightly mixed.
The long and short term trends are both positive. This is looking good!
GOLD has an average volume of 22436200 traded shares per day. This is a good sign as it is always nice to have a liquid stock.
When comparing the yearly performance of all stocks, we notice that GOLD is one of the better performing stocks in the market, outperforming 81% of all stocks. However, this overall performance is mostly based on the strong move around 7 months ago.
GOLD is an average performer in the Metals & Mining industry, it outperforms 65% of 150 stocks in the same industry.
GOLD is currently trading in the middle of its 52 week range. The S&P500 Index however is trading in the upper part of its 52 week range, so GOLD is lagging the market slightly.
In the last month GOLD has a been trading in the 16.33 - 19.16 range, which is quite wide. It is currently trading in the middle of this range, so some resistance may be found above.
Besides having an excellent technical rating, GOLD also presents a decent setup pattern. Prices have been consolidating lately and the volatility has been reduced. A pullback is taking place, which may present a nice opportunity for an entry. Another positive sign is the recent Pocket Pivot signal.
- A Pocket Pivot is a price/volume accumulation pattern. A Pocket Pivot occurs when price moves up with volume higher than the maximum down volume registered in the previous 10 days.
More info and screens
15.08
19.01
When analyzing the support we notice one important area.
- A support zone ranging from 15.23 to 15.66. This zone is formed by a combination of multiple trend lines in multiple time frames.
2 important resistance areas can be observed.
- A resistance zone ranging from 18.23 to 18.30. This zone is formed by a combination of multiple trend lines and important moving averages in multiple time frames.
- A resistance zone ranging from 18.62 to 18.82. This zone is formed by a combination of multiple trend lines in the daily time frame.
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.26
Mansfield-0.42
10 Day High19.16
10 Day Low17.28
20 Day High19.16
20 Day Low16.33
52 Week High21.35
52 Week Low15.11
Performance
1 Week-3.17%
2 Weeks-1.39%
1 Month8.06%
3 Month5.49%
6 Month-6.89%
12 Month12.25%
2 Year-4.74%
3 Year-27.88%
5 Year-3.44%
10 Year53.23%
15 Year38.15%
Daily CandleStick Patterns
Bullish Engulfing (D)
Bullish Hammer (D)
Bearish Inverted Hammer (D)
Hanging Man (D)
Bullish Harami (D)
Doji (D)
Gravestone Doji (D)
DragonFly Doji (D)
Bearish Engulfing (D)
Bearish Shooting Star (D)
Bearish Harami (D)
Inside Bar (D)
Red Dog Reversal Down (D)
Red Dog Reversal Up (D)
Dark Cloud Cover (D)
Weekly CandleStick Patterns
Bullish Engulfing (W)
Bullish Hammer (W)
Bearish Inverted Hammer (W)
Hanging Man (W)
Bullish Harami (W)
Doji (W)
Gravestone Doji (W)
DragonFly Doji (W)
Bearish Engulfing (W)
Bearish Shooting Star (W)
Bearish Harami (W)
Inside Bar (W)
Dark Cloud Cover (W)
Daily Chart Patterns
Bull Flag
Bear Flag
Ascending Triangle (D)
Descending Triangle (D)
Symmetrical Triangle (D)
Squeeze
Channel (D)
Channel Up (D)
Channel Down (D)
Rising Wedge (D)
Falling Wedge (D)
Double Bottom (D)
Multiple Bottom (D)
Double Top (D)
Multiple Top (D)
Weekly Chart Patterns
Weekly Bull Flag
Weekly Bear Flag
Squeeze Week
Channel (W)
Double Bottom (W)
Multiple Bottom (W)
Double Top (W)
Multiple Top (W)
Technical Indicators
MACD(12,26,9)-0.09
RSI(14)52.29
LBB17.24
UBB19.03
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
| ENTRY | EXIT | DISTANCE | CAPITAL |
|---|---|---|---|
| 18.31 | 17.27 | 1.04 (5.68%) | 17.61% |
| An entry @18.31. This is a Buy Stop order right above the resistance zone. | An exit @17.27. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 1.04 points, which is 5.68%. | When investing 17.61% of your capital in this trade, your total portfolio risk will be 1.00%. |
- The generated setup is based on the nearest support and resistance areas. If you are looking for a more long term trade, probably a wider stop is advisable.
- This trade setup was generated fully automatically and should not be interpreted as trading advice. Always check the related news for upcoming earnings or other events. Make your own analysis and trade at your own responsibility.
17.69
-0.06 (-0.34%)
Chartmill TA Rating
Chartmill Setup Rating
Sector
GICS SectorMaterials
GICS IndustryMetals & Mining
Performance
% Chg-0.34%
1 Week-3.17%
2 Weeks-1.39%
1 Month8.06%
3 Month5.49%
6 Month-6.89%
12 Month12.25%
2 Year-4.74%
3 Year-27.88%
5 Year-3.44%
10 Year53.23%
15 Year38.15%
Volatility
ATR(14)0.61
ATR(20)%3.18%
ATR Inc-12.01%
Range Today0.58
ADR(20)0.5
ADR(20)%2.84%
Trend & SMA
ST Trend
LT Trend
SMA(5)
SMA(10)
SMA(20)
SMA(50)
SMA(100)
SMA(200)
Relative Strength & Ranges
CRS81.26
Mansfield-0.42
10 Day High19.16
10 Day Low17.28
20 Day High19.16
20 Day Low16.33
52 Week High21.35
52 Week Low15.11
CS1 End15.66
CR1 Start18.23
Volume & EV
DER(3)2.05%
DER(5)1.43%
Volume22.34M
Volume Incr10.71%
Vol(5)29.67M
Vol(50)22.44M